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Is it a sign of a full-fledged economic recovery or a looming catastrophe in the monetary making? Recent spikes in Japan’s long-term interest rate, represented by the 10-year government bond, have created a stir and roused a deep sense of alarm among investors and ...
Tonkatsu is comfort food, gourmand grub — not a gourmet delicacy. So what are those hearty, unpretentious deep-fried breaded pork cutlets doing in an elegant little bar-style restaurant above one of Ginza’s temples to high-end consumption? Katsuzen has come a long way from its ...
Life in Japan just seems tailor-made for certain foreign residents, who slip into the fabric of this society as smoothly as a hand slides into a glove. American Curtis Patterson, a professional koto player and music teacher, is a case in point. Not only ...
Disgusted by corrupt local leaders, an angry miner picks up a shotgun. A migrant worker returning home looks to armed robbery to escape a life of relentless bleakness. A pretty receptionist at a sauna is driven to the limit when a gangster tries to ...
David Beckham, whose curling free kicks, rugged good looks and celebrity marriage made him one of the most famous athletes in the world, is retiring from soccer. Whether striding on the grass, the red carpet or the fashion catwalks, Beckham transcended his sport and ...
The Bank of Japan on Friday put off additional monetary easing while providing optimistic predictions in its Outlook for Economic Activity and Prices report by boosting inflation forecasts. The outlook, released every six months, predicts that the BOJ and government’s goal of achieving 2 ...
As the Bank of Japan prepares to boost its inflation forecasts this week, analysts from Goldman Sachs Group Inc. to JPMorgan Chase & Co. say the estimates may themselves be used as a tool for ending deflation. The BOJ may indicate that its 2 ...
The Group of 20 economic powers cautiously endorse Japan's huge monetary stimulus program, agreeing it is necessary to boost a stagnant economy.
Japan aims to seek global understanding of its aggressive monetary easing at this week’s meeting of Group of 20 finance chiefs to ease possible concerns about the yen’s recent steep fall and negative effects that could spill over to other economies. Bank of Japan ...
Yield swings for five-year Japanese government bonds shot to record levels Monday, a day before an auction, after Bank of Japan Gov. Haruhiko Kuroda chose to leapfrog across notes and focus new purchases on longer debt. Ten-day volatility in the yields soared to 434 ...
The Bank of Japan on Monday raised its assessment of all regions for the first time since last July, citing a pickup in the global economy and resilient domestic demand, following its unprecedented easing measures. The central bank became more upbeat about all nine ...
Bank of Japan Gov. Haruhiko Kuroda said Friday the central bank will keep its aggressive quantitative easing policy in place until its 2 percent inflation target is achieved, hinting the monetary experiment may take more than two years to work. “It is not appropriate ...
The impact of the dramatic monetary policies adopted last week by the Bank of Japan was “within expectations,” but the bank will keep a close watch on markets, BOJ Gov. Haruhiko Kuroda said Wednesday. Speaking during a joint interview with The Japan Times and ...
Tokyo stocks have rallied to their highest levels in more than four years on an accelerated slide in both the yen and government bond yields triggered by the Bank of Japan’s aggressive monetary easing measures to prop up the economy. Market players are now ...
Prime Minister Shinzo Abe on Friday praised the Bank of Japan for its decision to introduce unprecedented monetary easing measures to fight chronic deflation, while Finance Minister Taro Aso warned the bank could face difficulty achieving its 2 percent inflation goal. “It is truly ...
Bank of Japan Gov. Haruhiko Kuroda has followed the lead of his U.S. and European counterparts in swinging from incremental moves to unprecedented stimulus.
The Bank of Japan started a two-day policy meeting Wednesday amid speculation it will introduce a new monetary easing scheme and further ease monetary policy to achieve its 2 percent inflation target. At the first meeting chaired by new Gov. Haruhiko Kuroda, the nine-member ...